Views on improving the integrity of global capital markets

asset classes and valuation


European Commission Expert Group Report on Corporate Bond Market Liquidity

Although recent European Commission report on corporate bonds is welcome, CFA Institute believes it missed an opportunity to emphasize other recommendations for improving demand for corporate bonds.

An Assessment of Dual-Class Shares in Brazil: Evidence from the Novo Mercado Reform

Firms that moved to the Novo Mercado single-class structure experienced higher firm performance, but face continuing criticism that reforms did not eliminate the dominance of controlled companies.